Archer acquires Moreld Ocean Wind
Hamilton, Bermuda (July 1, 2024) Archer has entered into an agreement with Remold Invest AS to acquire 100 percent of the shares in the floating offshore wind solutions provider Moreld Ocean Wind AS (MOW), including a minority stake in US/French technology company Ocergy Inc (OCY). With around 30 engineers based in Norway, MOW delivers project management and engineering for fabrication and assembly of floating substructures for wind turbines. The lightweight floating substructures, developed and designed by OCY, are suited for serial production, as the modules are prefabricated and